Rockcliff Commences Drill Program at Snow Lake Project

Rockcliff Resources Inc. announce that drilling has commenced on its Snow Lake Project located in central Manitoba. A minimum of 5,000 metres (m) of drilling are planned in approximately 30 holes. Drilling is planned on the Rail, Reed, Freebeth, Tramping and Squall properties. The targets include extensions of a known copper-gold rich horizon (Rail), additional testing of DPEM & BHPEM anomalies... 

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HudBay to Re-Start Chisel North Mine and Snow Lake Concentrator

HudBay Minerals Inc. announced that it will re-start operations at its Chisel North mine and concentrator in Snow Lake, Manitoba effective immediately, with full production expected in the second quarter of 2010. The re-start of operations at Snow Lake is expected to provide approximately 30,000 tonnes of zinc concentrate feed to the company’s Flin Flon zinc plant annually. The capital costs... 

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HudBay CEO Unveils Strategic Plan at AGM

HudBay Minerals Inc. unveiled a new strategic plan with a two-pronged growth strategy. “HudBay will pursue a strategy defined by two broad themes,” Peter Jones, HudBay’s chief executive officer, told the company’s annual meeting of shareholders. One emphasis will be to optimize operations in HudBay’s traditional home base of Manitoba. “We will grow our principal... 

Murgor starts drilling at Abbott Lake, Saskatchewan

Murgor Resources Inc. announced it will start a drilling program at its Fon property in Saskatchewan, on February 23rd, 2009. The drilling program will be testing a target defined by a large electromagnetic geophysical anomaly detected from surface by InfinitEM and confirmed by borehole Pulse EM method. The anomaly is located less than 100 metres on strike and to the east of the Abbott Lake deposit,... 

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HudBay to Suspend Operations at Its Chisel North Mine and Snow Lake Concentrator

HudBay Minerals Inc. has determined that it will suspend operations at its Chisel North mine and concentrator in Snow Lake, Manitoba due to depressed prices of base metals, and the economic downturn. The company will place both the mine and concentrator under care and maintenance until economic conditions warrant re-evaluation. “We recognize this will be difficult for Snow Lake, and we’re... 

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HudBay Announces Lundin Mining’s Receipt of Interim Order

HudBay Minerals Inc. announced that Lundin Mining Corporation has obtained an interim order from the Ontario Superior Court of Justice approving various matters in connection with the special meeting of Lundin Mining shareholders to consider the proposed arrangement transaction with HudBay. Lundin Mining’s special meeting of shareholders will be held at the Imperial Room at The Fairmont Royal... 

Callinan Mines Is Protecting its Interest in the 777 and Callinan Mines

In the context of HudBay Minerals Inc.’s pending business combination with Lundin Mining Corporation and the subsequently announced alternative breakup bid by Jaguar Financial Corp, Callinan Mines will take all necessary actions to defend and preserve its interest in the Callinan and 777 Mines and the potential damages which may be awarded in Callinan’s court action against HudBay Minerals... 

Colin K. Benner Appointed as Chairman of Creston Moly Corp.

Creston Moly Corp. announce the appointment of Mr. Colin K. Benner, P. Eng. as Chairman of the Board of Directors effective immediately. Mr. Benner is an experienced mining executive with more than 40 years in the mining industry with senior management and executive roles in Canada and internationally. He was most recently Vice Chairman and CEO of Skye Resources and previously Vice Chairman and CEO... 

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Murgor announces metallurgical results at the Hudvam and Wim deposits in Manitoba

Murgor Resources Inc. announced the results of a metallurgical study on the Company’s Hudvam and Wim deposits in Manitoba. At the Hudvam deposit, results of the locked cycle test work are highlighted by copper recoveries averaging 89% and captured into a high-grade concentrate averaging 30% copper. Gold in the feed was recovered in the copper concentrate with recoveries averaging 56% by flotation... 

Polar Star Acquires Additional 5% Equity Interest in Chepica Mine

Polar Star Mining Corporation announces that it has acquired an additional 5% equity interest in the Chepica Mine by paying 150 million Chilean Pesos (approximately US$293,000). In addition, Polar Star has amended the Chepica Acquisition Agreement to enable the acquisition of the remaining 15% equity interest for 600 million Chilean Pesos (approximately US$1.2 million) on or before June 20, 2009. Pending...